.: Can Anyone Really Make Money Online?
By:Jim Pretin
Category:Home / Internet / E-Business
There are thousands of different programs that offer you the opportunity to make money with a simple internet business. At some point, we all have gone on to a search engine to look for get-rich-quick schemes or work-from-home programs. There is a morass of these sorts of opportunities and scams available to you. For our purposes here, we are going to sift through some of this junk and try to determine whether there is any hope for those of us who truly want to make money with our own online business.
We will begin our discussion with my personal favorite; sites that claim to have work-from-home or telecommuting jobs being offered by fortune 500 companies, and you can submit your resume if you pay a membership fee to join the website so you can gain access to their job postings. However, after you pay the fee, you will quickly discover that most of the jobs posted are either bogus, or pyramid schemes, or jobs that almost no one is qualified for. Usually, when a legitimate corporation posts a job opportunity on one of these telecommuting job sites, they never contact any of the applicants who submit resumes. The human resources department of that company is merely using the site as a way to collect resumes in case they want to contact someone who meets their qualifications for a certain job, but not necessarily the job being listed on the website.
The next most common scam you are likely to encounter is the MLM (Multi-Level-Marketing). These are companies that have some sort of product or service that they want you to sell. You will receive a commission on each sale you make, but to make significant money, you need to recruit other sales reps to join the business. Your recruits, and anyone else recruited by the people you recruited as well as the recruits of the recruits of the recruits of the recruits, become part of what is called a downline. Sounds confusing, huh? Well, to put it simply, you will receive a commission on every sale made by each person in your downline; the closer to you in the downline, the larger share of the commission you will receive. It is sort of like a family tree. However, if you join an MLM, you will discover that it is almost impossible to make any sales because the leads you will receive will be unqualified or insufficient, and the people in your downline will not make significant sales either. It is virtually impossible to make decent money working for an MLM.
Next on the list is perhaps my favorite internet con of them all; making money by filling out surveys! There are hundreds or even thousands of these survey companies that say they will pay you a fee for each survey you complete, but you will never get paid. Many people have tried this, but when they arrive at the end of the questionnaire, there is always some sort of exception, or a request for additional information in order to qualify for some other survey where you will then be able to get paid. Basically, these surveys are simply a means for collecting your personal information in order to sell it to other companies that are buying leads for telemarketing or for sending bulk email.
In addition, there are a lot of pyramid schemes pervading the internet. With a pyramid scheme, you are asked to contribute a certain amount of money, and then you are promised a return when new investors make their contribution. Eventually, the pyramid collapses when money owed to the previous investors is more than what can be raised. Pyramid schemes are almost always a sham.
I hope this information will help you steer clear of some or all of these scams. No one gets rich overnight. The only way to make money on the internet is by starting your own legitimate business.
Article keywords: work from home scams, get rich quick scams
Article Source: http://www.articles32.com
Jim Pretin is the owner of http://www.forms4free.com, a service that helps programmers make email forms.
.: New E-Business Articles
1). 5 Reasons Why Selling eBooks On eBay Can Produce Mega Bucks
There are 5 main reasons as to why selling eBooks on eBay is becoming such a booming industry and why you should get in on the act before it really explodes!
2). How To Build A Reputation As A Dominant eBay Seller
Your biggest obstacle to selling at the outset is going to be that you have no transaction history on eBay. Buyers have no reason to trust you. And the best indicator of whether or not they should trust you to deliver what you promise is your feedback rating.
3). The eBay Delivery Process - How To Deliver & Make More Money From Your eBay Auctions
You should always use quality packing materials to ensure the item reaches your customer undamaged, and you should also ship the item promptly to ensure the customer is satisfied and will purchase from you again.
4). Deciding What To Sell On eBay For Huge Profits
While the online garage sale approach can be profitable, you are likely to have more success on eBay if you specialize in a particular type of product. Your customers will learn to associate your specialty with your User ID, and will remember you when they are shopping for those types of products again.
5). How To Construct The Perfect eBay Auction Listing
The best way to learn about the best way to list your auctions is by analyzing auction listings for items that are the same or similar to what you are selling.
6). Solutions For Online Payment Processing
I did not realize that I could accept payments from my customers using an automated phone system!
7). E-Business Success Secrets Revealed!
There are six requirements essential to e-business success. Keep these in mind as you explore various home-based business opportunities.
.: Top E-Business Articles
1). What "E" Can Do For Your Business
This article takes a look at how the Internet has changed the way businesses operate and what that means for you.
2). What Is Residual Income And Can I Get Some?
What is Residual income? Residual income is what I basically live for. It’s the reason that I no longer work 9 to 5 in the forty-year plan that...
3). No one Really Makes Money Online
People think that itís easy to make money from the Internet. While the cost of setting up a company has gotten cheaper on the average compared to the Industrial Age overhead. You also have more people with the same idea to compete with now. So in exchange for less capital, you get more competition. If itís not one thing itís the other.
4). Why 99% of All Online Businesses Fail
It is a fact that 99% of internet businesses fail. According to the Department of Labor and Statistics, 75,000 new people subscribe to the Internet daily. This is a startling statistic, considering that many people around the world already have access to the internet. In line with that, 100,000 new web sites are built while 125,000 people start a home-based business per week.
5). eBay Business Success With Your Unique Creations
How to increase your eBay sales by auctioning unique products and services.
6). Niche Product Creation for Beginners
You know your strength and your opportunities. You have been on the net and found products there that are really not that hard to conceptualize. And yet you are not sure how to start.
7). One Billion Reasons To Have A Chinese SEO System
China is the fastest growing economy in the world. Yet barriers exist to American company’s full participation in the booming Chinese economy. These barriers are technology, language and communications. SEO might be one business model to use to get into the Chinese economy, but Chinese translation will be required.